Subject of the worskshop “CO2 pricing and sectoral complementary policies” Climate policies are multi-faceted: along with carbon pricing, multiple targeted sectoral policies are now...
Paper published in Economic Theory (Vol. 62, June 2016). This paper examines quantity-targeting monetary policy in a twoperiod economy with fiat money, durable goods and default.
Abstract: The stagflation phenomenon is regarded as one of the cause of the Keynesian paradigm breakdown in the 1970s. The New Classical school took...
In this paper we study how the electricity market characteristics determines the choices made by electricity generators in the U.S. market for SO2 allowances.
Paper published in Energy Policy – November 2015. The economic implications of oil price shocks have been extensively studied since the 1970s’. Despite this...
In Europe the transport sector contributes about 25% of total GHG emissions, 75% of which come from road transport. Contrarily to industrial emissions road...
Abstract. The standard history of macroeconomics considers Lucas (1976)– “the Lucas Critique” –as a path-breaking innovation for the discipline. According to this view Lucas’s...
This one-day workshop brings together researchers working on the design, evaluation, and impact of climate policies aimed at fostering the development and diffusion of low-carbon technologies. The presentations will cover a range of topics including the regulation of urban transport emissions, the integration of carbon dioxide removal into energy markets, the strategic adoption of...
